FATF adds four Jurisdictions to Gray List, Removes One

25/10/2024
Posted by: Pambos Kyriacou

Lebanon, Algeria, Angola and Ivory Coast landed on the Financial Action Task Force’s “Gray List” of jurisdictions with subpar defenses against money laundering, and terrorist financing after failing to remedy key gaps in their anti-money laundering regimes by the group’s deadline.

FATF also announced that Senegal was removed from the list in light of significant progress to remedy AML/CTF deficiencies.

In total, FATF now lists 24 jurisdictions as being subject to increased monitoring.

View the relevant information here

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FATF adds four Jurisdictions to Gray List, Removes One

FATF adds four Jurisdictions to Gray List, Removes One

Recent

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